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The Vineyards Residence (the “Residence”) is a 134 suite Assisted Living and Memory Care residence located in Kelowna, British Columbia.

Features of the Residence include:

  • Home-like atmosphere as opposed to hospital-like Long-Term Care (“LTC”) nursing homes
  • Strong and central location, situated near major amenities
  • Assisted Living services include house, hospitability services and some personal assistance services, such as regular assistance with activities of daily living, medication and psychosocial support.
  • Memory Care is a distinct form of long term care, skilled nursing and care services that specifically cater to residents with Alzheimer’s disease, dementia and other forms of memory impairment.
  • Feasibility report from CBRE indicates strong demand for a Memory Care facility in the region

Building Specs:

  • Stand-alone Assisted Living and Memory Care building
  • Gross floor area of 108,121 ft.
  • 5 floors
  • 134 suites
  • Non-combustible structure built using combination of steel and concrete

Strength and Opportunities

  • CBRE market feasibility studies indicate the long-term memory care and assisted living care market for seniors is heavily underserved in the Kelowna area resulting in demand for services.
  • Significant depth of management experience from Sussex Retirement Living
  • Construction and design method of the developer significantly lower utility operating expenses
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